NCR Corp. (NCR) Tops Q4 EPS by 3c
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NCR Announces Fourth Quarter and Full Year 2016 Results
February 9, 2017 4:15 PM ESTDULUTH, Ga.--(BUSINESS WIRE)-- NCR Corporation (NYSE: NCR) reported financial results today for the three months and twelve months ended December 31, 2016. Fourth quarter and full year highlights include:
Fourth quarter revenue of $1.80 billion, up 7% as reported and up 14% excluding FX and the IPS divestiture; Unfavorable FX impact was $25 million higher than expected Fourth quarter software revenue up 9%, software license growth of 21% and cloud growth of 10%; Full year net annual contract value for cloud, a leading indicator of future cloud revenue, of $70 million, up... More